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Category Archives: Financial
Three Charts That Everyone Needs to Understand
If you understand what the following charts signify, you know what to do. David DeGerolamo GOLD RESURRECTION FROM FINANCIAL DISASTER The central bank concept is the Matrix in embodiment, but the Eastern nations led by BRICS and G-20 have a … Continue reading
Posted in Editorial, Financial
Tagged Comex Gold, Foreign Bonds, M2, Velocity of Money
Comments Off on Three Charts That Everyone Needs to Understand
From CNN: The debt ceiling deal that stole Christmas?
This November and December, sales are expected to marginally increase 3.9% to $602.1 billion, slightly higher than last year’s 3.5% holiday season sales growth, National Retail Federation (NRF) says. The estimates were released earlier this month, however, the U.S. enters the holiday shopping … Continue reading
Gold Celebrates America’s Three Month Can Kicking, Soars
Remember that persistent seller of epic amount of gold futures contracts, whose dumps have resulted in two NYMEX shutdowns in the past month alone, and whose daily tape bombing is now watched carefully by all (even the CFTC’s Bart Chilton … Continue reading
Mark Levin: Obama Has Instituted a Coup by Seizing Power From Congress
httpv://www.youtube.com/watch?v=EpkQnd07cKU h/t Hans
Confirmed: Chase bank drops the hammer on capital controls; no money allowed to transfer out of USA starting Nov. 17th
I admit that when I saw today’s breaking news on InfoWars.com about Chase Bank limiting cash withdrawals and banning international wire transfers, I was skeptical. Many readers didn’t believe it, either. So just to check it out, I called my own accounting … Continue reading
The Biggest Scam In The History Of Mankind (Debt Ceiling Truth)
httpv://www.youtube.com/watch?v=iFDe5kUUyT0 From YouTube: More: http://www.hiddensecretsofmoney.com You are about to learn one of the biggest secrets in the history of the world…it’s a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something … Continue reading
Posted in Editorial, Financial
Tagged debt ceiling
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6 ways a default could hurt the world
1. A global stock market crash: Investors have been mostly ambivalent about the government shutdown and the looming default. The Dow is up about 0.5% since the shutdown began earlier this month. But nearly all analysts and investors I’ve interviewed over the past … Continue reading
North Carolina is first state to cut welfare amid federal shutdown
North Carolina has become the first state to cut off welfare benefits to poor residents in the wake of the partial federal government shutdown, ordering a halt to processing November applications until a deal is reached to end the federal … Continue reading
House cancels plan for debt vote
House Republicans canceled their plans Tuesday night to vote on a new plan to end the government shutdown and lift the debt ceiling after it became clear they didn’t have the votes for passage. “We are going to be prepared … Continue reading
Obama and Congress Are Playing Chicken with Our Future
See additional comments on Tea Party Nation. At this point, it is irrelevant who is to blame for our nation’s demise. History will look back and point to specific causes (real or imagined) for our collapse but the reality is … Continue reading
The sun is setting on dollar supremacy, and with it, American power
All great empires – from the Greek, to the Roman, the Spanish and the British – have at their heart a dominant means of exchange which is very much part of their political and social hegemony. Once upon a time, … Continue reading
Posted in Editorial, Financial
Tagged Dollar, Reserve Currency, USD
Comments Off on The sun is setting on dollar supremacy, and with it, American power
22 Reasons To Be Concerned About The U.S. Economy As We Head Into The Holiday Season
By Michael Snyder Are we on the verge of another major economic downturn? In recent weeks, most of the focus has been on our politicians in Washington, but there are lots of other reasons to be deeply alarmed about the … Continue reading
There Is No Safe Haven
There is no safe haven, Marc Faber tells Bloomberg TV’s Tom Keene, “The best you can hope for is that you have a diversified portfolio of different assets and that they don’t all collapse at the same time.” Bank deposits … Continue reading
World chastises U.S. as debt ceiling looms
Leaders from around the world have a message for Washington: Raise the debt ceiling, and do it right now. On this, there is absolute consensus. Leaders from China, Japan, Saudi Arabia, Germany and Singapore have all pleaded for a speedy … Continue reading
IMF chief: U.S. dance with the debt limit is ‘very, very concerning’
The chief of the International Monetary Fund says the U.S. government’s stalemate over spending and its debt limit is “very, very concerning” and could roll back economic progress around the world. Christine Lagarde, who took over the financial watchdog-and-rescue organization in 2011, said global finance ministers assembled … Continue reading